INTECSEA and OPC Team Up on R2M Concept
OPC has formed an alliance with INTECSEA and signed an MOU that brings together the subsurface expertise of OPC and the subsea facilities, pipeline and topside engineering expertise of INTECSEA/Worley Parsons Group to offer a fully integrated Reservoir to Market (R2M) concept.
The R2M model aims to remove the communication barriers that often exist between the subsurface and subsea areas and will improve concept selection at a pre-FEED field development stage through the sharing of knowledge and respective expertise.
The alliance and MOU were announced at the INTECSEA Field Development Open House event at the Society of Chemistry, London on 2nd October 2014.
Riley Smith, Business Development Manager for OPC, said: “The purpose of the alliance with INTECSEA is to develop an integrated reservoir to market (R2M) model aimed at improving concept selection at a pre-FEED field development stage through the sharing of knowledge and respective expertise. The integrated approach allows us to incorporate all reservoir uncertainties and subsurface data allowing us to bring into consideration the full range of development options.”
Press Release, October 15, 2014